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NYSE:STR

Sitio Royalties (STR) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$22.93
$23.38
50-Day Range
N/A
52-Week Range
$18.02
$25.38
Volume
293,153 shs
Average Volume
512,488 shs
Market Capitalization
$3.61 billion
P/E Ratio
N/A
Dividend Yield
7.02%
Price Target
$29.40

Sitio Royalties MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
26.2% Upside
$29.40 Price Target
Short Interest
Bearish
7.75% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
56.10%
From $0.82 to $1.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.15 out of 5 stars

Oils/Energy Sector

144th out of 231 stocks

Crude Petroleum & Natural Gas Industry

49th out of 73 stocks

STR stock logo

About Sitio Royalties Stock (NYSE:STR)

Sitio Royalties Corp. operates as oil and gas mineral and royalty company. The company acquires oil-weighted rights in productive and the United States basins. It has approximately 140,000 net royalty acres through the consummation of over 180 acquisitions. The company was founded in 2016 and is headquartered in Denver, Colorado.

STR Stock News Headlines

Piper Sandler Reaffirms Their Buy Rating on Sitio Royalties (STR)
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For the last 18 months, AI has dominated the news cycle unlike anything we've seen in years... And although many have praised the upside, many tech experts, from Elon Musk to Bill Gates, have warned of the catastrophic consequences AI represents. What 99% of people don't realize is that there's an even bigger threat on the horizon.
Q1 2024 Sitio Royalties Corp Earnings Call
Did Jeff Bezos Just Make the AI Apocalypse Worse?
For the last 18 months, AI has dominated the news cycle unlike anything we've seen in years... And although many have praised the upside, many tech experts, from Elon Musk to Bill Gates, have warned of the catastrophic consequences AI represents. What 99% of people don't realize is that there's an even bigger threat on the horizon.
Decoding 7 Analyst Evaluations For Sitio Royalties
Decoding 6 Analyst Evaluations For Sitio Royalties
STR Jul 2024 30.000 put
STR Apr 2024 20.000 call
5 Analysts Assess Sitio Royalties: What You Need To Know
Sitio Royalties Slips To Loss In Q4; Plans $200 Mln Buyback
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Last Earnings
5/08/2024
Ex-Dividend for 5/31 Dividend
5/20/2024
Dividend Payable
5/31/2024
Today
6/25/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Gas Utilities
CUSIP
74835610
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.40
High Stock Price Target
$32.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+26.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-15,540,000.00
Pretax Margin
-15.90%

Debt

Sales & Book Value

Annual Sales
$593.36 million
Cash Flow
$2.85 per share
Book Value
$22.84 per share

Miscellaneous

Free Float
153,596,000
Market Cap
$3.60 billion
Optionable
Optionable
Beta
1.83
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STR Stock Analysis - Frequently Asked Questions

Should I buy or sell Sitio Royalties stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sitio Royalties in the last year. There are currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" STR shares.
View STR analyst ratings
or view top-rated stocks.

What is Sitio Royalties' stock price target for 2024?

5 analysts have issued 1 year price objectives for Sitio Royalties' shares. Their STR share price targets range from $27.00 to $32.00. On average, they predict the company's stock price to reach $29.40 in the next year. This suggests a possible upside of 26.2% from the stock's current price.
View analysts price targets for STR
or view top-rated stocks among Wall Street analysts.

When is Sitio Royalties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our STR earnings forecast
.

How were Sitio Royalties' earnings last quarter?

Sitio Royalties Corp. (NYSE:STR) announced its earnings results on Wednesday, May, 8th. The utilities provider reported $0.10 EPS for the quarter, missing the consensus estimate of $0.21 by $0.11. The utilities provider had revenue of $151.39 million for the quarter, compared to the consensus estimate of $142.93 million. Sitio Royalties had a negative net margin of 5.00% and a positive trailing twelve-month return on equity of 4.28%. The company's revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.28 EPS.

How often does Sitio Royalties pay dividends? What is the dividend yield for Sitio Royalties?

Sitio Royalties announced a quarterly dividend on Wednesday, May 8th. Stockholders of record on Tuesday, May 21st will be given a dividend of $0.41 per share on Friday, May 31st. This represents a $1.64 annualized dividend and a yield of 7.04%. The ex-dividend date is Monday, May 20th.
Read our dividend analysis for STR
.

Is Sitio Royalties a good dividend stock?

Sitio Royalties (NYSE:STR) pays an annual dividend of $1.64 per share and currently has a dividend yield of 7.31%. STR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for STR.

When did Sitio Royalties' stock split?

Sitio Royalties's stock reverse split on the morning of Monday, June 6th 2022. The 1-4 reverse split was announced on Monday, June 6th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, June 6th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

What other stocks do shareholders of Sitio Royalties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sitio Royalties investors own include Novavax (NVAX), Ecobalt Solutions (ECS), Co-Diagnostics (CODX), General Electric (GE), Livongo Health (LVGO), Alibaba Group (BABA), BlueLinx (BXC), Caledonia Mining (CMCL), Cree (CREE) and Civeo (CVEO).

Who are Sitio Royalties' major shareholders?

Sitio Royalties' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.92%), Westwood Holdings Group Inc. (1.77%), Epoch Investment Partners Inc. (0.34%), Russell Investments Group Ltd. (0.27%), Advisors Asset Management Inc. (0.25%) and Yorktown Energy Partners X L.P. (0.25%). Insiders that own company stock include Christopher L Conoscenti and Timothy (Tim) Markwell.
View institutional ownership trends
.

This page (NYSE:STR) was last updated on 6/25/2024 by MarketBeat.com Staff

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